HSBC is expanding its Australian sales team with the appointment of Sinclair Scholfield as head of sales and client management for its securities services business in Australia and New Zealand. Scholfield spent the last 18 years at State Street, where he was most recently head of platform solutions for Asia Pacific. HSBC estimates that it…
Category: HSBC
HSBC launches new PA admin platform
HSBC has launched a new technology platform to provide private asset administration services to asset owners and managers. The new platform, powered by SEI, offers private asset investors digital workflow and reporting solutions, allowing them to oversee (via a consolidated data stack) all aspects of their operating model – from fund accounting to investor reporting.…
HSBC appoints new Lux CEO
HSBC has appointed Emanuele Vignoli as the new CEO of HSBC in Luxembourg, subject to regulatory approval. He is currently regional head of global liquidity & cash management – UK & Europe International. He will succeed Niccolo Polli, recently promoted to head of strategy & planning Europe and chief of staff to the Europe CEO.
Michelle Butler joins J.P. Morgan
After several months of gardening leave, Michelle Butler has joined J.P. Morgan as head of sales, UK & Ireland, for its securities services business. Butler spent 13 years at HSBC, most recently as Europe head of business development & client management for its securities services business.
HSBC supports first QFI deal across BSE
HSBC has become the first international custodian to facilitate a QFI trade across the Beijing Stock Exchange placed by an offshore investor. The trade was placed by Samsung Securities Co. for its underlying product, Samsung RQFII Trust. Samsung Securities is a Korean broker/dealer which is active in China. BSE, which went live in November 2021,…
Sal Nayeer joins BNY Mellon
Salmaan (Sal) Nayeer has joined BNY Mellon in Hong Kong to head the front to back middle office product in APAC. He was previously at HSBC, where he was the APAC middle office product manager.
HSBC hires global head of investor services product
CP Yap, who was previously president and CEO of Computershare in Hong Kong, has joined HSBC as global head of investor services product, markets & securities services. He is based in Hong Kong, reporting to Sébastien Danloy, global head of investor services at HSBC, and Brian Godins, regional head of securities services, Asia & MENAT.…
HSBC hires Matt Bowen to head Americas securities financing
HSBC has hired Matt Bowen as head of securities financing, Americas. He is based in New York and reports to Loic Lebrun, global head of prime finance, and Jean-Michel Meyer, global head of repo. He joins from BNP Paribas where he was head of US prime finance platforms. HSBC’s securities financing business includes prime finance,…
HSBC launches multilateral provider platform
HSBC has launched HSBC MarketSpace, a platform that enables clients to access post-trade services and solutions from HSBC and third-party service providers. Users can choose and connect seamlessly to their preferred service providers, with the ability to select products and services best suited to their needs. Instead of having to establish and maintain a complex…
Michelle Butler leaves HSBC
Michelle Butler has left HSBC’s securities services business, where she was head of business development & client management for Europe. It is understood she will be moving to J.P. Morgan after a period of gardening leave.